$450,000
SOLD AUG 23, 2024
-- Bed
-- Bath
1,711 Sq Ft
0.28 Acres

Recently Sold

$263 Per Sq Ft

5% Below List Price

183 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Property is near schools
  • Nicholson Elementary School Rated A
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of August 2024

Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a promising opportunity, this property ticks all the boxes. Don't miss out on the chance to own a actively leased, and newly remodeled property in a prime East Cobb location - great proximity to Kennesaw State University. This property recently has undergone a complete renovation, featuring contemporary finishes and upgrades throughout. From the new kitchen cabinets, granite countertops, & stainless steel appliances to the luxurious bathrooms, every detail has been carefully crafted to offer comfort and style. With 4 bedrooms and 3 full bathrooms, this spacious property provides ample living space for your tenants. The layout is thoughtfully designed to accommodate diverse lifestyles, making it an attractive option for families, students, or professionals seeking a comfortable shared living environment. And plenty of parking space for residents and guests. With no homeowner association, investors can enjoy greater flexibility and control over their investment. This eliminates additional costs and restrictions, maximizing the potential for your long-term profitability.

Last Agent to Sell the Property

The McElreath Team

Atlanta Communities Brokerage Phone: 4049367970 License #350973

Atlanta Communities

Co-Listed By

Kirk McElreath

Atlanta Communities Brokerage Phone: 4049367970 License #401617

Last Buyer's Agent

Venkat Samynathan

Keller Williams Rlty-Atl.North License #385272

Keller Williams Rlty-Atl.North

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,557

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 0.28 Acre Lot

Home Design

  • House
  • Wood Siding

Interior Spaces

  • Low Flow Plumbing Fixtures
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace

Parking

  • 4 Car Garage
  • Parking Accessed On Kitchen Level

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Thermostat

Location

  • Property is near schools
  • Property is near shops

Schools

  • Nicholson Elementary School
  • Mccleskey Middle School
  • Kell High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Northwind Meadows Subdivision

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, water
  • Legal Lot and Block 6 / C

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,557

Year Built

Built in 1974 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • District: 16
  • Section: 2ND
  • Year Built: 1974
  • Co List Office: KWRP01
  • Financing Type: Conventional
  • GreenEnergyEfficient: Thermostat, Windows
  • Levels: One
  • Lot Size Acres: .28
  • Structure Type: House
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: None
  • Price Per Square Foot: 1637931

Exterior Features

  • Construction Materials: Wood Siding
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Attached, Garage, Kitchen Level
  • ParkingTotal: 4

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Natural Gas, Central
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Nicholson
  • High School: Kell
  • High School Bus: Yes
  • Middle School: Mccleskey
  • Middle School Bus: Yes
  • Elementary School: Nicholson
  • Middle School: Mccleskey
  • High School: Kell

Lot Info

  • Land Lot: 231
  • Lot: 6
  • Deed Book: 14734
  • Deed Page: 4414
  • Plat Book: 63
  • Plat Page: 104

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Total Fireplaces: 1
  • GrossIncome: 39600
  • NumberOfUnitsTotal: 4

Tax Info

  • Year: 2022
  • Tax Annual Amount: 3557

MLS Schools

  • Elementary Bus Line: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Aug 23, 2024
Sold by
Johnson Elton Bruce
Bought by
Teegala Rohith Raj
Seller's Agent
The McElreath Team
Atlanta Communities
Buyer's Agent
Venkat Samynathan
Keller Williams Rlty-Atl.North
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Total Days on Market
183
Views
535
Current Estimated Value
$431,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,564
Avg. Annual Appreciation
-2.68%
Original Mortgage
$427,500
Outstanding Balance
$425,650
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$15,869

Purchase Details

Closed on
Aug 3, 2023
Sold by
Pleasing Aroma
Bought by
Johnson Elton Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 12, 2022
Sold by
Delong William E
Bought by
Pleasing Aroma Limited
Seller's Agent
Jennifer Re
RB Realty
Buyer's Agent
The McElreath Team
Atlanta Communities
List Price
$350,000
Sold Price
$295,000
Premium/Discount to List
-$55,000
-15.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.86%
Original Mortgage
$285,000
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 15, 2002
Sold by
Greenwood Donna I
Bought by
Delong William E and Delong Judith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4%
Mortgage Type
New Conventional

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $450,000 None Listed On Document
Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed $295,000 Thomas & Brown Llc
Deed $137,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $427,500 New Conventional
Previous Owner $345,000 New Conventional
Previous Owner $285,000 Construction
Previous Owner $60,000 Stand Alone Second
Previous Owner $117,372 Stand Alone Second
Previous Owner $110,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $450,000 -5.3% $263 / Sq Ft
02/22/2024 02/22/24 For Sale $475,000 +61.0% $278 / Sq Ft
08/12/2022 08/12/22 Sold $295,000 -1.7% $172 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/24/2022 07/24/22 Price Changed $300,000 -14.3% $175 / Sq Ft
07/06/2022 07/06/22 For Sale $350,000 -- $205 / Sq Ft
Source: Georgia MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,161 $171,176 $36,000 $135,176
2023 $3,558 $118,000 $25,360 $92,640
2022 $607 $101,740 $22,000 $79,740
2021 $607 $101,740 $22,000 $79,740
2020 $573 $90,404 $22,000 $68,404
2019 $557 $85,004 $18,000 $67,004
2018 $510 $69,480 $14,000 $55,480
2017 $457 $69,480 $14,000 $55,480
2016 $411 $54,212 $12,000 $42,212
2015 $441 $54,212 $12,000 $42,212
2014 $431 $48,644 $0 $0
Source: Public Records

Source: Georgia MLS

MLS Number: 10257155

Georgia MLS

APN: 16-0231-0-062-0